Old Oil Stocks – in progress “D”
The financial information here at Old Oil Stocks – in progress “D” likely will not lead to you finding lost riches – see Not a Millionaire from Old Oil Stock. The American Oil & Gas Historical Society depends on your support; AOGHS does not have resources to research all corporate oil histories.
However, AOGHS continues to look into forum queries as part of its energy education mission. Some investigations have revealed little-known stories like Buffalo Bill’s Shoshone Oil Company; many others have found questionable dealings during booms and epidemics of “black gold” fever like Arctic Explorer turns Oil Promoter.
Visit the Stock Certificate Q & A Forum and view company updates regularly added to the A-to-Z listing at Is my Old Oil Stock worth Anything? AOGHS will continue to look into forum queries, including these “in progress.”
D.M. Simon Oil & Gas Company
D.M. Simon Oil and Gas Company incorporated in Pennsylvania on September 13, 1950. Fourteen years later, shareholders voted to dissolve the corporation and the Pennsylvania regulators issued a certificate of dissolution dated November 10, 1964.
Dallas Oil Company of Texas
“WHEREAS, Alexander R. Abrahams, Tax Commissioner on behalf of the Tax Department of the State of Delaware, has reported to me a list of corporations which for two years preceding such report have failed to pay the taxes assessed against them and due by them under the laws of this State…NOW, THEREFORE, I, DAVID P. BUCKSON, Governor of the State of Delaware, do hereby issue this proclamation according to the provisions of Sections 511 and 512 of Title 8 of the Delaware Code of 1953, as amended, and do hereby declare under this act of the Legislature that the charters of the following corporations, reported as aforesaid, are repealed: Dallas Oil Company of Texas, Inc. IN TESTIMONY WHEREOF, I, David P. Buckson, Governor of the State of Delaware, have hereunto set my hand and caused the Great Seal to be hereunto affixed this sixteenth day of January, in the year of our Lord one thousand nine hundred and sixty-one, and of the Independence of the United States of America, the one hundred and eighty-fifth.”
Delaware Union Oil Company
Delaware Union Oil Company was capitalized at $5 million principally from New York and London investors. In 1911 the company – with wells producing 35,000 barrels of oil a month – acquired property in California’s Fullerton oilfield from the Graham-Loftus Oil Company for $1.3 million. In December Felix Chappellet was appointed superintendent of the Fullerton property, which was formerly owned by William Payne Whitney, the Waterbury Wire Rope Company and other New York and London firms. This property was sold to the General Petroleum Company in May 1912. (more…)
